Prime Minister Imran Khan has decided to increase the loan limit to Rs 25mln under the Kamyab Jawan Program | Instant News

Prime Minister Imran Khan on Tuesday decided to further provide greater entrepreneurial opportunities for the country’s youth by increasing the loan limit under the Kamyab Jawan program from the current limit of Rs5 million to Rs25 million

ISLAMABAD, (UrduPoint / Pakistan Point News – 14 Apr, 2020):Prime MinisterImran Khan Tuesday decided to further provide greater entrepreneurial opportunities to the country’s youth by increasing loan the limit is under the Kamyab Jawan program from the current limit of Rs5 million to Rs25 million.

The decision was taken during a meeting with Financial Adviser Dr. Hafeez Shaikh and Special Assistant to Youth Affairs Usman Dar, PM’s office media wing in a press release said.

It was also decided to reduce interest rates from currently 8 percent of the loan amount, in addition to inclusion all bank in the Kamyab Jawan program.

During the meeting, para Prime Minister also directed to speed up the process of distribution of the number among applicants after improvement in the current situation.

He said that the country’s youth must be expanded with opportunities and further facilities.

Citing the critical role of youth in stabilizing the country’s economy, he observed that after relaxation in locking, youth must be encouraged to excel in small and medium-sized entrepreneurs.

That Prime Minister further said that youth is a real asset of the country and government interested in investing more in them.